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Gold/Mining/Energy : CDN. Oil/Gas Cos. - Shareholder Maximization

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To: Richard Saunders who started this subject3/17/2001 9:33:50 PM
From: Richard Saunders   of 56
 
MGY Magin
newswire.ca

CALGARY, March 4 /CNW/ - (TSE:MGY) The Board of Directors of MAGIN ENERGY
INC. announce that Griffiths McBurney and Partners have been retained as
financial advisor to assist in reviewing various alternatives to maximize
value for Magin shareholders.
Possible alternatives include a sale, merger, take-over, corporate
restructuring or a sale of certain assets. Magin will have data room materials
available within the week.
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